Federal Housing Finance Agency Print
Home / About FHFA / Reports / 2020 Low-Income Housing and Community Development Activities of the Federal Home Loan Banks
Low Income Housing & Community Development Activities of the FHLB System Report

2020 Low-Income Housing and Community Development Activities of the Federal Home Loan Banks

Published: 10/12/2021

​​FHFA is required to monitor and report annually on the Federal Home Loan Banks' support of their low-income housing and community development activities to the Federal Home Loan Banks' Advisory Councils. This report fulfills that requirement. This report addresses the FHLBanks’ activities to support low-income housing and community development. The FHLBanks support a range of these activities through three programs: the statutorily-mandated Affordable Housing Program (AHP), the statutorily-mandated Community Investment Program (CIP), and the voluntary Community Investment Cash Advance Program (CICA). Under these programs, the FHLBanks provide loans (referred to as advances) and grants to their members, and their members then use these funds to assist very low- and low- or moderate-income households and communities. The report also covers FHLBank non-depository Community Development Financial Institution (CDFI) membership, and FHLBank performance on housing goals if its Acquired Member Asssets (AMA) purchases exceeded an annual volume threshold of $2.5 billion. 

Attachments:
© 2021 Federal Housing Finance Agency